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Property Description
Exceptional investment opportunity! This 4-unit apartment building was completely rehabbed and effectively rebuilt in 2025. Every major component has been replaced, offering the benefits of new construction with the charm of an established property. The building features all new plumbing, mechanical systems, and electrical throughout. Each unit has been fully updated with brand-new wood flooring, modern finishes, and completely renovated interiors. All appliances are new as of 2025. No detail was overlooked - everything was redone in 2025 , providing peace of mind for both investors and owner-occupants. A true turnkey property with nothing left to do.
Full Property Details
Full Property Details for MLS# 12785343
General
- Price: $499,999
- Taxes: $7,798 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12785343
- Updated: 10/14/2026
- Added to Site: 2 day(s) ago
Interior
- Basement: Sub-Baseme
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 7
Parking
- Total Spaces: 8
- Parking Features: Yes, Owned
Location
- Area: Kankakee
- County: Kankakee
- Township: Kankakee
- Driving Directions: Court Street west to S Small Avenue. Turn onto S Small Avenue and continue to 241 S Small Ave. Property on the right
School Information
- School District: 111
- Elem School District: 111
- Midd School District: 111
- High School District: 111
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Sub-Basement, Partial
- Year Built: 1966
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.29
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 12805
Financial Considerations
- Assessment Year: 1966
- Tax Amount: $7,798
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 160931308008
Listed by The Joudeh Group
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Schools
Schools serving MLS# 12785343
School District:Kankakee School District 111
| Name | Grades | Distance |
|---|---|---|
John Kennedy Middle Grade School 1550 West Calista Street, Kankakee, IL 60901 | 3-6 | 0.4 mi |
Taft Primary School 1155 West Hawkins Street, Kankakee, IL 60901 | K-3 | 0.6 mi |
Kankakee Junior High School 2250 East Crestwood Street, Kankakee, IL 60901 | 7-8 | 2.8 mi |
Kankakee High School 1200 West Jeffery Street, Kankakee, IL 60901 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for MLS# 12785343
Date
Details
Price
Change
Source
10/14/2026
Listed
$499,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for MLS# 12785343
MLS# 12785343, Kankakee, IL 60901 (MLS# 12785343) is a Multi-Family property with 4 units containing 7 bedrooms and 0 full bathrooms. MLS# 12785343 is currently listed for $499,999 and was received on October 14, 2026. Want to learn more about MLS# 12785343? Do you have questions about finding other Multi-Family real estate for sale in Kankakee? You can browse all Kankakee real estate or contact a Coldwell Banker agent to request more information.

